Latest News & Updates
The Effects of the 2021 Budget on Your Business
How the 2021 Budget affects your business. Whether you are self-employed or running a company, there is something in here that will help answer your questions. Listen to find out more! Rishi Sunak, the Chancellor has spoken and presented his 2021 Budget. I know it can...
How you should price your products
This weeks blog and video continues with pricing, moreover How you should price your products, and how to calculate your product prices . In addition you need to know this when developing pricing strategies for your business. Our video goes through this So, if your...
How to calculate your pricing rates
How you calculate your pricing rates How you calculate your pricing rates is vital for your business. Why should that be so? Firstly, it helps you achieve your goals. Secondly, it sends a message to your clients about you and your business. Above all, your pricing...
Charge for your services
How much you should charge for your services is a very common question. Spoiler alert, no one answer but we are here to help you figure it out for your business. Keeping tracking of your margin vs markup difference is a valuable way to inform how you are pricing...
Why Gross Profit is a big deal for your business
Your gross profit and business decisions There are so many needed, powerful and insightful business decisions you need to make. You can’t do that unless you know some key financial numbers. Gross profit is one of them. What sort of decisions, let’s list a...
Gross profit & your business
In this blog we are going to look at What gross profit means for your business. Your business journey map must have profit as a destination point, . If your destination is set for sales alone, then change your route or abandon your journey, it’ll end in tears...
Why Working Capital is important for your business
Why Working Capital is important for your business is episode 52 of I Hate Numbers podcast. The podcast is part of my mission to help you get closer to your numbers, to appreciate the power of what those numbers can do. Improve your money mindset, help you make more...
What is break even to your business?
Most importantly you need to understand the components involved with business activity and breaking even. But how do you find out what your business requires to break even? What's break even? To clarify your business breaks even when your sales cover all your costs,...
How to diagnose business failure
How to diagnose business failure is episode 51 of I Hate Numbers podcast. The podcast is part of a wider mission. It's to help your business improve your money mindset, get closer to your numbers, make profit, survive, and thrive. Firstly, in last week’s episode we...
Management accounting
What is management accounting? Firstly, before we look at why your should use Management Accounting for your Business, let's understand what it is. Most importantly financial issues impact our working and personal lives. Knowing your numbers is important for all...
Why your business may fail
Why your business may fail is episode 50 of I Hate Numbers podcast. The podcast is part of my mission to help your business improve your money mindset, get closer to your numbers, make profit, survive, and thrive. Firstly, the motivation behind the choice of topic. ...
Profit & your business
What is profit? There are several important elements that make up your business story, some more important than, some less important than others. However, I think it would be safe to say that ‘profit’ is one of if not the most important element. Without profit where...
What is your profit for tax?
What is your profit for tax is this week’s I Hate Numbers podcast theme. Last week we looked at how you should budget for your tax bill. Firstly, your money in your bank account is not the same as your tax profit. Secondly, your accounting profit is not the same as...
Budgeting for your tax bill
How to budget for your tax bill- this is not as hard as it may seem. Firstly, imagine the money you have in your account right now as shared funds. Some belong to you, some does not (kind of like a lotto syndicate but less fun). Now with that in mind, if possible, you...
How you should budget for your tax bill
How you should budget for your tax bill is this week’s podcast theme. If you are self-employed, a freelancer, run your own business then you have responsibility for your own taxes. You do not have an employer who takes care of that for you. When you are...
Information & business resilience
How information improves your business resilience follows on from last weeks blog. Organisations value information, and the quality of it. It feeds into your decision-making. However it's not just about financial transactions, it's about much more stuff in your...
How information and communication helps build your business resilience
How Information and Communication helps Build your Business Resilience is this weeks theme. Last week’ we looked at what Business Resilience was, and how your leadership plays a big part. Listen to find out more How information helps build your business resilience...
Leadership & business resilience
Why leadership is key to your business resilience is the topic of this blog. Business resilience is what you need when running your business. The businesses that share these characteristics tend to be at a large, multinational corporate level. However there are...
How to build your business resilience – Part one
How to build your business resilience - Part one. That is the theme of episode 46 of I Hate Numbers. Certainly, a lot of people talk about Business Resilience. Firstly, we need to understand what Business Resilience is. Secondly, we need to know how we can improve...
Your money mindset in your business
What is your money mindset in your business? That’s the theme of episode 45 of I Hate Numbers. Certainly, a lot of people talk about why money mindset Is important. Firstly, we need to understand your current attitude to money. Secondly, we need to know the reasons...
Business resolutions for 2021
So, it’s the end of another year- albeit a very strange one to say the least. With this in mind what are your business resolutions for 2021? What most of us do at the end of the year, is reflect and review that year. The whole of the U.K. will probably be glad to see...
What is VAT reverse charging?
What is VAT reverse charging and how does it work? That's the theme of episode 44 of I Hate Numbers. With the UK leaving the EU on 1st January 2021 your business needs to know. Brexit also brings a number of other changes to VAT, we've covered this in previous...
How to develop trust in business
This weeks podcast episode of I hate Numbers looks at How to develop trust in business. Without trust, you have nothing. With it, you can do great things. Trust, a firm belief in the reliability, truth or ability of someone or something. Buy One Get One Free is a...
Your business and VAT after Brexit
Brexit will affect the UK business landscape. In this week's podcast, I am going to take a look at your business and VAT after Brexit. Last week’s podcast episode of I Hate Numbers looked at Brexit and your business. In this week’s episode, VAT takes centre stage....